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Transfer of Equity in Rochford

A transfer of equity occurs when a property owner wishes to change the legal ownership of the property. Reasons include marriage, divorce and tax planning.

Homeward Legal's solicitors offer expert legal assistance with your transfer of equity.

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Remortgage Solicitors Rochford

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Rochford clients every week.

We strive to complete your remortgage legal work quickly, so that you benefit from your new mortgage deal as soon as possible.

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The Conveyancing
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Conveyancing in Rochford Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Local information:

Prittlewell station is around 2 miles from Rochford. London, Southend Airport is 1 mile from Rochford. London Airport is 2 miles, Clacton Airport is 23 miles and Rochester Airport is 19 miles away.

Southend, Wellesley is a nearby hospital for Rochford.

Q.

Please confirm the cheapest fee for a £695,000 residence? We are looking for a low cost conveyancing quote.

A.

Many firms claim to offer so-called cheap conveyancing quotes, but additional charges are often hiding in the solicitor's terms. Any disbursements should be included on the conveyancing quote Any extra costs listed in terms and conditions ought to be reasonable. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

In 1 month we are hoping to move from our period building in Rochford into a flat in Ongar . When to select a removal company?

A.

It is prudent to is to delay booking a removal company until after all parties have settled your move date that customarily happens after contracts have exchanged.

For more information speak to Rochford Removals & Storage Co, 14 Queen Elizabeth Chase, Rochford, SS4 1JJ Telephone: 01702 544720 or Rawreth Removals Ltd, Great Stambridge Hall, Rochford, SS4 2BF on 01702 521487.

Q.

I am buying at auction and would like arrange fast conveyancing, how could we accelerate our conveyancing process?

A.

Crucial to a fast transaction is to use a communicative solicitor. There are, however, a range of things you as the buyer can also do to get moving sooner, including, pushing the solicitor to begin enquiries as

soon as possible, responding to all correspondence via the fastest means and arranging any finances require to complete the purchase.

Q.

Do fixtures and fittings include things like fitted gas or electric fires?

A.

In general, there is no legal definition of fixtures and fittings. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction. This makes a fixtures and fittings form so necessary.

Q.

How is stamp duty calculated and how much should it be on a £804000 residence?

A.

The rate of stamp duty you pay will depend on the value of the house. It will be £32160 on a £804000 house or flat in Rochford.

Q.

Please advise how to avoid paying SDLT?

A.

Homeward Legal do not recommend any stamp duty mitigation scheme, as such schemes are costly and the HMRC can review a scheme up to 6 years after a sale is completed . There have been a range of government initiatives, such as disadvantaged area relief. Your solicitor will advise as to your eligibility.

Q.

My wife and I are interested in purchasing in Rochford. How do I check if the building is in a designated conservation area?

A.

Conservation areas denote local areas of historic or architectural significance. A lawyer will address the consequences of purchasing property in a conservation area and be able to advise further.

Q.

Is your solicitor team set up to act quickly on residential property auction conveyancing in Rochford?

A.

The legal team are auction specialists and commonly take instructions from buyers at auction. It is very important for bidders to select a CQS conveyancing firm as ahead of time as possible to allow enough time for a full review of the legal pack prior to the date of the auction. Following the auction day arrives a prepared conveyancing solicitor should be fully prepared to get through the legal side of things in under 4 weeks as required by the terms and conditions of sale.

 
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